âSavvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate,â said Inc. 5000 project manager Jim Melloan. âThatâs why our list is so eagerly anticipated every year.â
Founded in 1991, First Rate has emerged as a provider of industry leading performance measurement solutions. Investment management companies nationwide trust First Rateâs ability to deliver superior measurement of performance. First Rateâs applications are web-based and scalable, with the ability to calculate and analyze returns, as well as generate professional reports that are easy to understand. This empowers the internal resources of First Rateâs clients, helping them deliver improved service to their clients.
âWe are honored to be included among the Inc. 5000 fastest growing companies,â said David A. Stone, First Rate President. âFirst Rate is dedicated to building relationships by providing the wealth management industry with the best solutions for measuring performance. Our accelerated growth is a testimony to that dedication, the relationships that come from it, and to our strong channel partner relationships.â
The 2009 Inc. 5000, unveiled today on Inc.com, serves as a unique report card on the U.S. economy. Despite the ongoing recession, aggregate revenue among the companies on the list actually increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent. The Inc. 5000 are responsible for creating more than 1 million jobs since their founding, making the list perhaps the best example of the impact private, fast-growing companies can have on the economy.